How to Reactivate Dormant Account in Central Bank of India?
Reactivate Dormant Account in Central Bank of India : CBI(Central Bank of India) is a well known bank in India. Sometimes, we open a bank account in Central Bank of India just for the sake of having a bank account. However, most of us are unaware of the fact that if we do not use Central Bank of India Account for a long time, it might be considered dormant or inoperative. If you do not use your Central Bank of India Bank Account for any transactions, it will be considered inoperative after 12 months and dormant after 24 months. Now, if you are looking to reactivate your dormant account in Central Bank of India, you can do so by following the step-by-step procedure mentioned in this Article. We have also mentioned the procedure to reactivate dormant account along with address change in Central Bank of India.
This article tells you about the complete procedure to reactivate dormant or inoperative account in Central Bank of India.
How to Reactivate Dormant Account in Central Bank of India ?
Let us first tell you when is your account considered to be inoperative or dormant.
When is Central Bank of India Account Considered to be Inoperative or Dormant?
If you have a bank account in Central Bank of India and you have not been making any transactions through it for over 12 months, it will be considered as an inactive account. However, if you have not been making any transactions through your account from over 24 months, it will be considered as a dormant account. As per the guidelines of RBI, an account is said to be dormant if the account holder is unable to perform any transactions like Withdrawal of Cash, Payment through Cheque, or Transfer of Funds via Net Banking, Phone Banking, or ATMs.
Complete Procedure to Reactivate Dormant Account in Central Bank of India
In order to re-activate your dormant Central Bank of India account, you need to submit the following to your Home Branch :
- An Application to the Branch Manager
- Proof of Identity &
- Proof of Residence.
Note: Please carry the photostat copies of Proof of Identity and Address Proof with self-attestation i.e., these copies must have your signature.
If you are also looking to change your Mobile Number as well, you can also read our article to change your mobile number in Central Bank of India Account.
Application Format for Reactivation of Dormant Account in Central Bank of India [2 Cases] :
- Application for Dormant Account Reactivation in Central Bank of India without Branch Transfer.
- Application for Dormant Account Reactivation with Branch Transfer in Central Bank of India.
Let us first check out the format of application to reactivate dormant account in Central Bank of India without Branch Transfer.
1) Application for Reactivation of Dormant Account in Central Bank of India without Branch Transfer
To,
The Branch Manager,
Central Bank of India,
(Name of the Branch in which your Operate your Account),
(Name of the City in which you have your Account).
Subject: Reactivation of Savings/Current Bank Account Number : (Your Bank Account Number)
Sir,
I have a Savings/Current Account in your Branch. My Account Number: (Your Bank Account Number) is dormant/inactive as I have not been making any transactions through this account for a long time. Please reactivate my Account because I want to use it again.
Along with this Application, I am attaching the photostat copies of PAN Card and (Proof of Address Document Name) as Proof of Identity and Proof of Residence respectively. Kindly process my account reactivation request as soon as possible.
Regards,
(Your Full Name exactly as in Bank Records)
SB/CB A/C No. (Your Account Number)
(Your Signature Here)
Important Note: For all those account holders who have not linked their Aadhaar Card with Bank Account can read our article on the process of linking Aadhaar Card with Central Bank of India Account.
2) Application for Reactivation of Dormant Account in Central Bank of India with Branch Transfer
To,
The Branch Manager,
Central Bank of India,
(Name of the Branch in which your Operate your Account),
(Name of the City in which you have your Account).
Subject: Reactivation of Savings/Current Bank Account Number : (Your Bank Account Number) with Branch Transfer
Sir,
I have a Savings/Current Account in your Branch. My Account Number: (Your Bank Account Number) is dormant/inactive as I have not been making any transactions through this account for a long time. Please reactivate my Account because I want to use it again.
Also, I have moved to a new Address in (Name of the City). So, along with the reactivation of the account I also want to transfer it to (Branch Name where you want to Transfer your Account) Branch in (Name of the City).
Along with this Application, I am attaching the photostat copies of PAN Card and (Proof of Address Document Name) as Proof of Identity and latest Proof of Residence respectively. Kindly process my account reactivation and branch transfer request as soon as possible.
Regards,
(Your Full Name exactly as in Bank Records)
SB/CB A/C No. (Your Account Number)
(Your Signature Here)
Final Words:
Every Indian Citizen should have a Bank Account with is operational. Your negligence usually makes your Bank Account dormant or inactive. There might be a situation when you need a Bank Account urgently and when you see your Account is Dormant, you might not be able to do anything immediately. So, it is advisable to all of you reading this article to deposit or withdraw any amount from your Bank Account on a regular basis. This will keep your account operational and it would not get dormant in the future.